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Hi PropertyGuru,
I'm a Permanent Resident in Singapore. Currently I'm drawing SGD 5300 monthly income.
If I take loan from DBS, or CitiBank, or UOB, what is the maximum amount the bank can loan to me?
In addition, if I want to loan the maximum amount and take 35 years to pay bank loan, what is monthly installment?

Thanks.

Jacky
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3 Answers

Mike Lim
Replied
Afternoon,

The amount of loan you are eligible to will be dependent on your credit record, age and income status. Based on what you have quoted, assuming that you are taking 80% loan for 30 years with interest of 1.88%, you should be able to get at least $420k loan. As for 35 years loan, it would then depend on your current age.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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Aaron Chong
Replied
Hi Mr Ling Huang

The max loan that you can loan is up to 80%. Cheers!

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Catherine PANG
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